M&A Deal Summary

Intreso Acquires Descroes

On December 6, 2021, Intreso acquired consumer services company Descroes from Torqx Capital Partners

Acquisition Highlights
  • This is Intreso’s 2nd transaction in the Consumer Services sector.
  • This is Intreso’s 1st transaction in Belgium.

M&A Deal Summary

Date 2021-12-06
Target Descroes
Sector Consumer Services
Buyer(s) Intreso
Sellers(s) Torqx Capital Partners
Deal Type Merger

Target

Descroes

Antwerp, Belgium
Descroes is a provider of fumigation, heat treatment, bio treatments, gas measurement, and pest control services related to in- and outgoing cargo in ports. Descroes was founded in 1930 and is based in Antwerp, Belgium.

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Buyer(S) 1

Buyer

Intreso

Antwerpen, Belgium

Category Company
Sector Business Services
DESCRIPTION

Intreso is a provider of pest control treatment services of cargo and goods. The group offers end-to-end specialist treatment solutions for goods owners, terminal operators, traders, freight forwarders and shipping lines ensuring that their sensitive goods such as tree logs, soft commodities and breakbulk are treated in accordance with the highest industry standards and with the appropriate phytosanitary requirements and certification. Intreso is based in Antwerpen, Belgium.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Services M&A 2 of 2
Type: Merger M&A Deals 2 of 2
Country: Belgium M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Fumico

Rotterdam, Netherlands

Fumico is a specialist goods treatment company, focusing on fumigation of tree logs and soft commodities, heat treatment services, the application of low oxygen bio treatment methods, Quarantaine and Pre-Shipment (“QPS”) and the use of controlled atmosphere chambers. Fumico was founded in 2010 and is based in Rotterdam, Netherlands.

Buy -

Seller(S) 1

SELLER

Torqx Capital Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2017
PE ASSETS 150M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Torqx Capital Partners is a private equity firm focused on acquiring and investing in medium-sized companies located in the Benelux. The Firm will consider a variety of investment situations including expansion financings, buy-and-builds, performance improvements, turnarounds, and transformational investments. Broad areas of interest include manufacturing, distribution and services where Torqx can leverage its experience and team. The Firm typically acquires majority positions and partners with entrepreneurs and management teams when pursuing transactions. Torqx Capital Partners was established in 2017 and is headquartered in Bussum, the Netherlands.


DEAL STATS #
Overall 1 of 7
Sector: Consumer Services M&A 1 of 1
Type: Merger M&A Deals 1 of 2
Country: Belgium M&A 1 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Madern Industries

Raamsdonksveer, Netherlands

Madern Industries delivers state-of-the-art solutions for stacking, stack handling, feeding, packing, and palletizing blanks and finished products. Madern Industries was founded in 1954 and is based in Raamsdonksveer, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Ocean Nutrition

Essen, Belgium

Ocean Nutrition provides fish feed for the marine and freshwater ornamental and hatchery aquaculture sectors. A high-standard factory in Thailand supports it and covers all relevant geographies in Europe and APAC. Ocean Nutrition was founded in 1982 and is based in Essen, Belgium.

Buy -